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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Mexico Flat Glass Market Growth
By technology, the float glass segment accounts for a significant share in the industry. The superior properties, high quality, and structural flexibility of float glass make it suitable for buildings, vehicles, and other applications.
Further, float glass is less breakable, easier to cut, simpler to fabricate, clear and transparent, and contains fewer bubbles. All these factors are leading to its increased demand in various end-use industries, such as automotive, construction, and electronics, among others. Moreover, as float glass can be further processed to produce different forms of specialised glass such as toughened glass, soundproof glass, and laminated safety glass, it is expected to witness an increased demand in the forecast period. The segment is expected to be aided by the rapid technological advancements and new innovations in the industry.
Mexico Flat Glass Market Report Snapshots
Mexico Flat Glass Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the Mexico flat glass market attained a volume of nearly USD 1,090.11 million.
The market is estimated to witness a healthy growth at a CAGR of 4.2% in the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 1,460.35 million by 2032.
The major drivers of the market include the thriving construction industry, growing demand for flat glass from the automotive sector, and rising disposable income.
Technological advancements in the automotive industry and the increasing investments in infrastructure projects are the key trends guiding the growth of the market.
The major regional markets include Central Mexico, Northern Mexico, Pacific Coast, The Bajío, Yucatan Peninsula, and Baja California.
Float glass, sheet glass, and rolled glass are the different technologies of flat glass.
Safety and security, and solar control are the significant applications of flat glass.
The different product types in the market are basic float glass, toughened glass, coated glass, laminated glass, insulated glass, and mirrored/patterned/extra clear glass.
Sand, soda ash, dolomite, limestone, and alumina, among others are the various raw materials used in the market.
Fabricated and non-fabricated are the major categories of flat glass.
Construction, automotive, and solar energy, among others are the significant end uses of flat glass.
The key players in the Mexico flat glass market are Vitro, S.A.B De C.V, Saint Gobain S.A., Guardian Glass LLC, AGC Inc., and Nippon Sheet Glass Co., Ltd., among others.
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